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Major Offshore Wind Project No Longer Viable

Colin A. Young10/28/22 2:41 PM

A major offshore wind project in the Massachusetts pipeline "is no longer viable and would not be able to move forward" under the terms of contracts filed in May and now both developers behind the state's next two offshore wind projects are asking state regulators to pause review of the contracts for one month amid price increases, supply shortages and interest rate hikes.

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